JetBlue Plans Fare Hikes, Capacity Cuts to Cover Rising Fuel Costs
By Mary Prenon
Published on April 28, 2026.
JetBlue plans to increase fares and reduce capacity due to rising fuel costs. The company reported strong revenue growth in the first quarter but its net loss widened to $319 million. CEO Joanna Geraghty acknowledged the need for belt-tightening and said the company is taking decisive steps to manage the situation.